The EU Delegation in Nigeria has presented 50 desktop computers to the National Agency for the Prohibition of Trafficking in Persons (NAPTIP) to enhance its operations.
Alam Munday, deputy head of EU delegation in Nigeria, handed over the equipment with six servers and network printers to the agency in Abuja on Tuesday.
NAPTIP received the donation under the EU funded project on Promoting Better Management of Migration in Nigeria.
The project is jointly implemented by the UN Office on Drugs and Crime (UNODC) and the International Organisation on Migration under the 10th European Development Fund (EDF) (2008-2013).
Munday said it was executed under the 10th EDF migration project in Nigeria, for which EU had committed five million euros for four years.
He said, “NAPTIP is EU key Nigerian agency partner when it comes to turning words into action to fight trafficking of human beings and smuggling of migrants as well as to protect the victims.
“To turn words into action, we need people with the very best information, data and access to use of the latest technologies available,’’ he said.
Munday thanked UNODC for supporting the project that would enable the agency’s headquarters in Abuja to obtain, manage and share data with five of its zonal offices.
He said with the new IT equipment NAPTIP staff in Abuja, Lagos, Enugu, Benin, Sokoto and Uyo could share data on trafficking in persons with other law enforcement agencies.
The UNODC Representative in Nigeria, Ms Mariam Sissoko, said the handover of the equipment marked “a major milestone’’ in the project to support the expansion of NAPTIP’s IT capacity and data management.
Sissoko said the handover served as evidence of NAPTIP’s willingness to fully assume responsibility in managing its IT services and equipment.
She recalled that under the project, a toll free call facility and internet access service had been upgraded and transferred to NAPTIP.
She said that a software, SIDDA.NET, which enables the agency to have access to information of both victims and suspects of trafficking had been fully upgraded.
Sissoko said UNODC and its partners had also provided training for NAPTIP staff on the use of the latest version of SIDDA.NET
Mrs Beatrice Jedy-Agba, NAPTIP executive secretary, who was represented by the Agency’s Director of Legal and Prosecution appealed to the EU to consider the agency’s request for more support in the 11th EDF.
She thanked the EU and UNODC for donating the equipment, saying “it will further strengthen the agency in the fight against human trafficking.
“We will continue to count on your support as we reassure you of this administration’s continued commitment in promoting better management of migration in Nigeria,’’ she said.
Jedy-Agba reassured international donors and partners of NAPTIP’s commitment to reduce irregular migration in Nigeria that usually occurred through trafficking in persons and smuggling of migrants.
NCC Threatens Illegal Users of GSM Boosters with Arrest, Prosecution
Nigerian Communication Commission (NCC) has warned telecom consumers to desist from using illegal GSM boosters.
The commission also said that anyone caught using a GSM booster without obtaining approval of a duly licensed network operator will face arrest and prosecution.
GSM boosters are devices that transmit and receive telecommunications signals and can therefore interfere with other radio frequency equipment.
Ikechukwu Adinde, director, public affairs, NCC, said in a notice published on NCC website, that only licensed network operators are allowed to use GSM boosters.
The booster, also known as amplifier or repeater is made up of three main elements – exterior antenna, amplifier, and interior antenna.
They form a wireless system to boost cellular reception
“Members of the public should note that, willful interference with any wireless telegraphy is an offence under Section 16 of the Telegraphy Act, 2004,”it said
The agency said it will not condone any flagrant breach of this law.
It has also enforced measures to prosecute offenders.
Accordingly, monitoring mechanisms have been put in place and anyone caught using a GSM booster without obtaining approval of a duly licensed network operator will face arrest and prosecution.
“Any member of the public with useful information regarding the illegal use of GSM Boosters should contact the Commission on 09-4617000/7351 or send an email to [email protected],” the notice said.
“Individuals desirous of using GSM Boosters should note that they can only do so in conjunction with licensed network operators,” it added.
Tizeti announced that it selected Nokia’s Fastmile Long Term Evolution (LTE) technology to enable usprovide superior internet services to over 1 Million subscribers in Port Harcourt, Edo and Ogun in Nigeria.
Tizeti will deploy Nokia’s AirScale Base Station TDD-LTE and FastmileFixed Wireless Access (FWA) gatewaysto deliver premium internet and Virtual Private Network (VPN) services to Residential, Small and Medium Enterprises (SMEs).
The solution will also enable Tizeti’sto deliver a more robust, high-speedinternet service to subscribers and the flexibility to seamlessly evolve to 5G Fixed Wireless Access when needed.
Nokia’s FWA solution enables Tizeti to fast-track broadband access and provide a best-in-class broadband experience to its subscribers.
Nokia’sAirScale Base Stations ensure high-quality connectivity and coverage and enablesTizeti to evolve the network in line with customer demand.
Nokia’sFastmilegateways connect wirelessly to the existing network to createa fastbroadband connection and enhanced Wi-Fi experience in the home.
The Nokia Network Services Platform will help Tizeti to simplify operations and quickly respond to changing market demands.
Kendall Ananyi, Tizeti, said:“We are committed to providing the best-in-class network experience to our subscribers. We are confident that Nokia’s proven technology and expertise will help us differentiate our services based on quality. This a crucial project for us as it introduces LTE in our networks and allows us to bring new and innovative services to our subscribers.”
Eniola Balogun, Nokia, said:“We are thrilled to work with Tizeti on the initiative to upgrade their network to bring the latest products and services to its subscribers. Nokia Fastmile will help Tizeti to cost-effectively enhance the customer experience.
The project will also enable them to delight their subscribers by providing more reliable data services.
On the other hand, Tizeti will benefit by adding new revenue streams.”
Risk Assets Push Higher on Vaccine Hopes; Eyes on the Fed
By Hussein Sayed, Chief Market Strategist at FXTM,
After two consecutive weeks of back-to-back declines, global stocks kicked off Monday with solid gains amid a surge in M&A activity and positive signs towards vaccine developments. Currency markets were little changed ahead of a busy week of monetary policy announcements, while Oil and Gold ticked slightly higher.
The two big deals announced over the weekend were Softbank’s plan to sell chipmaker ARM to Nvidia for more than $40 billion and Gilead Sciences to acquire Immunomedics for a price tag of $21 billion. Meanwhile, on the vaccine front, AstraZeneca resumed its phase-3 trial on Covid-19 after being suspended last week following a neurological illness developed in one participant, and Pfizer announced that its vaccine could be distributed before year-end if found safe and effective.
Central Banks will take centre stage this week with the Federal Reserve, Bank of England and Bank of Japan all due to announce policy decisions. Out of the three meetings, the Fed is likely to be the most watched following its historic shift towards average inflation targeting. The big question remains how will the FOMC put this policy into action?
From what we know now, the Fed is set up to keep interest rates near zero for a long time, possibly for several years. Given the new framework, any spike in inflation won’t translate into immediate rate hikes as the Fed wants to compensate for the lost years when they have failed to hit the target. The dot plot will be the key guide for investors and traders alike. If inflation projections remain at 2% or below for the foreseeable future, this will solidify market expectations for a low rate environment for many years to come. That said, Jay Powell would still have to explain in more detail how the new framework will be translated into policy action.
In June’s economic projections, the Fed anticipated unemployment would be at 9.3% by year-end, but, in August, unemployment was well below that forecast at 8.4%. Many other economic data surprised to the upside during the June – August period in a clear sign that most economists were overly pessimistic towards the strength of the recovery. However, there is still a considerable amount of uncertainty given the latest surge in Covid-19 cases worldwide and the US, especially as we get closer into the winter season. A second wave will undoubtedly put the recovery at risk in the final quarter of the year and it will be interesting to see the Fed’s view on that issue.
As for the market selloff over the past two weeks, the Fed isn’t likely to show any signs of concern. In fact, policymakers should be satisfied with the pullback as the risk of a bubble in several assets has been growing due to the Fed’s extremely accommodative policies. Unless we see another 10 -15% drop, do not expect the Fed to intervene.
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